M&A Deal Summary

King Risk Partners Acquires Insurance Solutions Group

On October 8, 2024, King Risk Partners acquired insurance company Insurance Solutions Group

Acquisition Highlights
  • This is King Risk Partners’ 2nd transaction in the Insurance sector.
  • This is King Risk Partners’ 2nd transaction in the United States.
  • This is King Risk Partners’ 1st transaction in North Carolina.

M&A Deal Summary

Date 2024-10-08
Target Insurance Solutions Group
Sector Insurance
Buyer(s) King Risk Partners
Deal Type Add-on Acquisition

Target

Insurance Solutions Group

Garner, North Carolina, United States
Insurance Solutions Group is a full-service independent agency providing custom options for its clients including personal, business, and life insurance coverages. Insurance Solutions Group is based in Garner, North Carolina.

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Buyer(S) 1

Buyer

King Risk Partners

Gainesville, Florida, United States

Category Company
Founded 1974
Sector Insurance
DESCRIPTION

King Risk Partners is a provider in the insurance industry, offering a wide range of insurance products and services designed to meet the diverse needs of its clientele. King Risk Partners was formed in 1974 and is headquartered in Gainesville, Florida.


DEAL STATS #
Overall 2 of 4
Sector (Insurance) 2 of 4
Type (Add-on Acquisition) 2 of 4
State (North Carolina) 1 of 1
Country (United States) 2 of 4
Year (2024) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-24 Cypress Risk Management

Ridgeville, South Carolina, United States

Cypress Risk Management specializes in the forestry and trucking industries providing quality insurance options. Cypress Risk Management was formed in 2012 and is headquartered in Ridgeville, South Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-15 Pearl Insurance Agency

Cranford, New Jersey, United States

Pearl Insurance Agency provides specialty insurance solutions for importers, exporters, marine cargo, wholesalers, and distributors. Pearl Insurance Agency is based in Cranford, New Jersey.

Buy -